Located between South Mumbai and the suburbs, the neighborhood of Wadala has undergone tremendous development over the years. The location that once used to be an industrial hub has now emerged as a preferred residential destination for homebuyers.
In addition to the strategic location,
Wadala not only attract potential homebuyers but also the tenant community as
well. So, even if you don’t want to settle down there immediately, you can
still earn a decent rental income from the property.
The post mentions three noteworthy reasons
that make flats in Wadala a smart investment decision.
1. Great Connectivity
Being an important station on the Harbour
Linea, the locality of Wadala enjoys superb connectivity to several residential
neighborhoods such as Goregaon, Andheri, and so on. Besides, the place is home
to Mumbai’s largest bus depot along with a high frequency of buses. The
upcoming metro line will further boost the connectivity of the place. So, with
great connectivity, reaching out to different important locations from Wadala
is extremely easy.
2. Excellent Social Amenities
It is not just the locational advantage
that Wadala enjoys, another thing that makes this neighbourhood highly popular
and demanding among homebuyers is its excellent social amenities. The area is
populated with several reputed educational institutes, healthcare centres,
religious places, markets, entertainment & recreational facilities, and all
the things required to live a comfortable life. Moreover, the introduction of new projects in Wadala west will further boost the socioeconomic infrastructure
of the place. So, Wadala has no dearth of social amenities which makes it quite
desirable as a residential hub.
3. Future Developments
With many development projects in the
pipeline, the place is expected to see a boost in terms of development. After
Bandra-Kurla Complex and Nariman Point, Wadala is on its way to becoming the
third Central Business District in Mumbai. Consequently, it is speculated that
it will generate great employment opportunities for the masses. These growth
prospects have attracted the attention of several real estate developers to
introduce new projects.
So, these are 3 main reasons to check out flats
in Wadala for sale as the prices are likely to increase soon.
Thanks for sharing the nice post. these reasons are very useful before buying flats. You can also have a look at Properties in Chennai
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